Media

In this section you will find all of the latest news and updates on the Group's activities along with recent press coverage.

Press Releases

The Gym Group opens at Scarborough’s Newport development, South Wales Posted: 25th Jun 2015

The Gym Group opens at Scarborough’s Newport development, South Wales

The McCabe family’s Scarborough Group, the UK and international real estate investor and developer, announces that The Gym Group has opened to the public at Scarborough’s £30 million commercial development at the Station Quarter in Newport, South Wales.

The Gym Group has signed a 15-year lease on a 15,000 sq ft unit. Alongside this new letting, Scarborough has also created a high-quality public plaza to complement the existing retail and office space, which will provide a much improved pedestrian gateway from the train station to the city centre. The plaza opened to the public in June, and a formal opening ceremony will be held in August.

This milestone in the delivery programme for Newport paves the way for commencing the second phase of the Station Quarter redevelopment. Following the success of Admiral House, which Scarborough sold for £20 million to Global net-lease REIT, W.P. Carey in October 2014, the second phase will comprise a further 30,000 sq ft of office development with complementary leisure and retail on the ground floor and facing the plaza. Scarborough will be submitting a planning permission for this next phase in Q4 2015.

Scarborough achieved planning consent in April 2012 for the first phase of the Station Quarter, its redevelopment of the former Cambrian Centre. This phase comprised the 80,644 sq ft office accommodation with the capacity to accommodate up to 1,200 staff, designed for Admiral, and 28,000 sq ft of retail and leisure space, parking for 290 cars and a new public plaza.

Kate Howe, Associate Director, Scarborough Group, said: “This new letting and the creation of the public plaza demonstrates our commitment to the on-going transformation of the centre in Newport. Following the success of Admiral House and the severe shortage of quality office stock we are confident that there is demand for a high-quality office lead scheme in Newport.

“Newport City Council has continued to support our plans for the redevelopment of the Station Quarter which is further testament to the quality and importance of this scheme for Newport.”

Scarborough launches £700 million Middlewood Locks development Posted: 18th Jun 2015

Scarborough launches £700 million Middlewood Locks development  

The McCabe family’s Scarborough Group International, the UK and international real estate investor and developer, today reveals plans for its 24-acre Middlewood Locks development, a new residential and commercial neighbourhood located at the western gateway to Manchester’s Central Business District.

 

At a launch party today, attended by Ian Stewart, Salford's City Mayor, Scarborough will reveal its  latest plans, images and timetable for Middlewood Locks, which received planning consent in March 2015 from Salford City Council to deliver a new mixed use community of around 2,000 new homes and up to 750,000 sq ft of commercial development space. The Scarborough team will present its latest development plans to local agents, the media.

 

Following receipt of planning consent, Scarborough is now working up a detailed planning application for the first phases of the development which will comprise the development of 550 homes, some  29,000 sq ft of commercial space and extensive new public realm, in the form of canal side footpaths and cycle ways that will connect directly into the city centre. The application will be submitted in Q3 2015 with a planning decision expected in Q4 2015. This would then enable Scarborough to start on site towards the end of this year.   

 

Middlewood Locks, which has a gross development value exceeding £700 million, is being developed by FairBriar International, a joint venture between Scarborough, Top Spring International Holdings Limited, a Hong Kong-listed real estate developer in the People’s Republic of China, and Metro Holdings Limited, a Singapore-listed property development and investment group. 

 

Middlewood Locks, which is centred around three large basins of the Manchester Bolton and Bury Canal in Salford, will provide a vibrant new community with a total of up to 2,000 new homes along with around 750,000 sq ft of space for mixed commercial uses including offices, hotel, shops, delis, restaurants, a convenience store and gym. The development is ideally located just a short walk from the central business district and retail amenities of Manchester.

 

There will be a variety of home types and sizes available to help cater for a wide mix of occupiers from first time buyers, families to ‘empty nesters’. The homes will be designed in a way to make the most of the landscaping incorporating private and public spaces. Part of the landscaping strategy is to connect the green spaces with the canal  incorporating a woodland theme.

 

Lee Savage, Development Director of Scarborough, said: “Middlewood Locks is set to create a first class mixed-use community in one of the UK’s most vibrant, cosmopolitan and progressive city regions. The development in Salford is situated in what we believe will be a new business destination for the City as well as a sought after residential neighbourhood  due to its proximity to Manchester  city centre and the impact of other wider regeneration activities that are taking place in the Salford area.”

 

Ian Stewart, Salford’s City Mayor said: I am absolutely delighted to see the Scarborough Group and their partners bring this outstanding new development forward. This is a unique site with so much potential to deliver new homes, commercial opportunities and new jobs whilst maximising our riverside and canal assets.  It is one more step towards the extensive transformation of this part of the regional centre which will enable  the cities of Salford and Manchester to deliver the growth necessary to meet the economic challenges we face at a national level.

Leading International Coffee Brand arrives in UK Posted: 1st Jun 2015

Leading International Coffee Brand arrives in UK

A leading international coffee brand has launched into the UK market.

 

Cafés Novell, which started in Spain in 1958 and is one of Spain’s top coffee roasters, is involved in the global sourcing, selecting, roasting and distribution of high quality coffee to businesses across the world.

 

Now, Cafés Novell has been launched into the UK, initially focussing on Yorkshire, London and the North of England.

 

Cafes Novell, which is number one in Spain for customer service to its clients, has built a reputation for premium quality coffee and over the years has expanded throughout the country. In recent years the company has started to expand globally with offices opening in Italy, Hong Kong and the USA.

 

Phil White, managing director of Cafes Novell UK, said: “We are really excited to bring the Cafés Novell brand to the UK, growing our international reach and aim to provide the perfect cup to our clients’ customers through our focused customer service support and training, along with our extensive range of premium quality coffee.”

 

Cafés Novell is now recognised across the globe for its commitment to both selecting the best ‘UTZ Certified’ coffee beans, which means the company is supporting the coffee industry’s sustainability through better farming methods, and environmental impact reduction techniques. Along with its focused customer service, this helps to ensure clients across all areas of the food and drink sector maintain the highest quality in every cup produced.

 

Phil added: “The company offers coffee solutions to meet the varying needs of businesses, supplying coffee directly to hotels, restaurants and coffee shops, as well as providing coffee capsule machines to business premises. We also provide a full range of herbal teas, infusions and traditional Spanish hot chocolate.

 

“Cafés Novell combines around sixty years of heritage and expertise in coffee and provides a range of products and services to suit the needs of any type of business.

 

The UK expansion is being spearheaded by a joint venture with leading property development, investment and retail management group, Yorkshire-based Scarborough Group International, headed by the McCabe family, who are also co-owners of Sheffield United.

 

The partnership has already experienced success in Asia, where they teamed up to form Espuma coffee shops in Hong Kong and now across China, with an anticipated 30 outlets by 2017 to cater for the growing demand for coffee from both locals and visiting foreigners.

 

The UK activities are benefitting from international experience, with Cafes Novell bringing an expert team from Spain. The team is includes Xavi Mas, who was head of sales and training for Catalan (Barcelona region) and now relocated to the UK as national account manager, and Eugenio Villanueva - business development manager based in Sheffield but covers the Leeds area. 

 

Phil added: “Our UK team has a wealth of knowledge and experience, which allows us to provide all our customers with an excellent level of service at all times. We are ready to build on the success the brand has achieved in other countries and emulate that success in the UK market.

 

“Both Cafes Novell and Scarborough Group are excited to be working together and strengthening our relationship.”

 

For more information about Cafés Novell, visit www.cafesnovell.co.uk or follow us @cafesnovelluk.

 

ENDS

 

Photo caption – (left to right) Eugenio Villanueva, Business Development Manager, Phil White, Managing Director, and Xavi Mas – was head of sales and training for Catalan (Barcelona region) and now relocated to the UK as National Account Manager

 

Released on behalf of Cafés Novell UK by HR Media. For more information please contact Hannah Johnson, Phil Hammond or Martin Ross on (0114) 252 7776 or email hannah@hrmedia.org.uk.

 

Scarborough receives planning consent for two new office buildings in Sheffield Posted: 13th Feb 2015

The McCabe family’s Scarborough Group International (“Scarborough”), the UK and international real estate investor and developer, has been granted detailed planning consent, by Sheffield City Council, for the development of two new office buildings, totalling just under 130,000 sq ft, on the Sheffield Digital Campus, in the Sheffield city centre, on Sheaf Street, adjacent to the main railway station.

 

The buildings are: ‘Acero Works’, which will provide nearly 80,000 sq ft over six floors; and, ‘Vidrio House’, which will provide over 50,000 sq ft across eight floors. The development will have an end value in excess of £40 million.

 

Scarborough has appointed Yorkshire based GMI Group as contractor for the scheme, with construction of Acero House, the first phase, commencing in autumn 2015 with completion expected in spring 2017. GMI was also contractor for the development of the existing office buildings on the Sheffield Digital Campus, Ventana House and Electric Works.

 

Scarborough’s team in securing the planning permission included planning advisers Zerum Consult, and architects CJCT Studios.

 

Letting agents for the scheme are Commercial Property Partners and Fernie Greaves, both of Sheffield

 

Mark Jackson, Consultant to Scarborough, said: “Sheffield is becoming increasingly attractive as a headquarters location for major organisations and the Digital Campus is particularly well located being adjacent to the main railway station.

 

“We developed both Ventana House and Electric Works on the adjacent site attracting occupiers including Sky, Kennedy’s Solicitors, Michael Page, and Coal Board Pension Trustees all of whom recognised not just the benefits of the location, but also the quality of the accommodation.”

Scarborough Obtains Planning Consent for 300 Homes at Thorpe Park, Leeds Posted: 26th Jan 2015

Scarborough Obtains Planning Consent for 300 Homes at Thorpe Park, Leeds

Leeds City Council has passed plans to build 300 new homes at Thorpe Park Leeds, the mixed use business development on Junction 46 of the M1 at Leeds, owned by Kevin McCabe’s Scarborough Group International (SGI).

 

The homes, which will mainly be houses with some apartments, will be built on a 17.7 acre site in the north part of the development. SGI will now seek a housebuilder partner to deliver a high-quality scheme.

 

SGI has started the initial phase of ground works at Thorpe Park Leeds in readiness for the development of the shopping and leisure park, and the first phase of the East Leeds Orbital Road, connecting the M1 to north-east Leeds.

 

It has also appointed Leeds-based, GMI Group, as Strategic Construction Partner in preparation for the development of the remainder of Thorpe Park Leeds.

 

Thorpe Park Leeds currently comprises nearly 800,000 sq ft of accommodation, including 600,000 sq ft of business space and a high quality hotel. In addition to the new housing consent, SGI has planning permission to add up to 935,000 sq ft of high-quality office space (reduced from 1.1 million as a result of the residential consent), just under 200,000 sq ft of retail, up to 175,000 sq ft of leisure space, including hotels and sports facilities, and 45,000 sq ft of cafes, bars and restaurants. The end value of the remaining development is expected to be in excess of £400 million.

 

The scheme also features 25 acres of parkland and green space, which will run through the site to link with Green Park, the new 113-acre public park to the west of the site, and which is being brought forward by SGI in conjunction with Leeds City Council.

 

The East Leeds Orbital Road, mentioned above, is a key piece of road infrastructure which links the north east Leeds area and the ‘East Leeds Extension’ housing allocation, to the M1. The road crosses Thorpe Park Leeds, with SGI delivering its first section to Manston Lane along with the first phase of the Thorpe Park development. This will have a transformational effect upon the accessibility and traffic management in the area and will enable the development of up to 7,000 houses.

 

Thorpe Park Leeds is expected to create up to 13,000 jobs, including 6,500 local employment opportunities for the Leeds city region.

 

Mark Jackson, Consultant to SGI, said: “This new residential planning consent is a key element of our strategy to develop Thorpe Park Leeds into a truly unique and forward thinking mixed-use community, combining business with retail and leisure space and homes.

 

“We have made significant progress in bringing forward the commercial development and are in advanced discussions with a number of retailers. We are also working up plans for an early start on a 30,000 sq ft office building at the Eastern Gateway to the site.”

 

Thorpe Park Leeds is already an important business location for both Leeds and the North of England, located just six miles east of Leeds City Centre, with its own dedicated access off junction 46 of the M1.  Among the 60 occupiers of the existing office space are IBM, National Grid, GE Capital, Vinci, BAM and United Utilities.


Employment Minister visits Scarborough’s “Hat Box” residential scheme in Manchester Posted: 1st Dec 2014

Employment Minister visits Scarborough’s “Hat Box” residential scheme in Manchester

 

As part of Housing Week, Employment Minister, Esther McVey, joined Scarborough Group International, the UK and international real estate investor and developer, for a tour of the “Hat Box” construction site, its new residential development in New Islington, Manchester. 

 

Construction of the new homes began on site at the beginning of the month and will bring around 500 new jobs and apprenticeships to the area.  As part of the tour the Minister visited the construction site of the “Hat Box” and was also shown around Scarborough’s completed residential site at Milliners Wharf, which has sold 21 apartments out of 261 through the Help to Buy scheme.  Esther McVey met a recently married young couple who had purchased a home at Milliners Wharf under the help to buy scheme and also an apprentice who has started on site to help with construction works at the “Hat Box”.

 

The “Hat Box”, which has a gross development value of £30 million, is being developed by FairBriar International, a joint venture between Scarborough, Top Spring International Holdings Limited, a Hong Kong-listed real estate developer in the People’s Republic of China, and Metro Holdings Limited, a Singapore-listed property development and investment group.

 

The “Hat Box” is the second phase of Milliners Wharf in New Islington and will, on completion, provide 144, one, two, duplex and three-bedroom apartments across two contemporary new buildings adjacent to Milliners Wharf. Completion of the first apartments is anticipated to be early in 2016 when the first residents will take up occupancy of their new homes. 

 

The apartments will be light, airy, spacious, completed to a high specification and most will have a balcony or private terrace. The “Hat Box” will have excellent facilities, including a sky garden, secure parking and bicycle stores, and is ideally located close to the Metrolink and within walking distance of the centre of Manchester. New Islington offers good amenities for residents, such as schools, a nursery, a gym, shops, bars and a health care centre.

 

Nicola Wallis, Sales & Marketing Director at Scarborough, said: “The Hat Box will provide 144 fantastic new homes in the popular residential area of New Islington, creating around 500 jobs for the local area. We are delighted to have had the opportunity to show the Minister around the site and to see the first phases of construction underway. ”

 

As part of the site visit Scarborough also discussed its development at Middlewood Locks, another major residential development with mixed uses. The scheme is located at the western gateway to Manchester city centre and centred around the former Manchester Bolton & Bury Canal. Middlewood Locks, which has a gross development value of £575 million, will provide a vibrant new neighbourhood with up to 2,000 homes along with commercial facilities, including offices, shops, delis, restaurants, a convenience store, a nursery and a gym.

 

Scarborough’s new Manchester office is now registering customers’ interest for the new homes at the “Hat Box” at www.headtohatbox.co.uk

Scarborough begins “Hat Box” residential scheme in Manchester - 144 contemporary new homes to be developed in New Islington Posted: 10th Nov 2014

Scarborough begins “Hat Box” residential scheme in Manchester - 144 contemporary new  homes to be developed in New Islington

The McCabe family’s Scarborough Group International, the UK and international real estate investor and developer, announces that construction has begun of the “Hat Box”, a residential development in New Islington, Manchester.

 

The “Hat Box”, which has a gross development value of £30 million, is being developed by FairBriar International, a joint venture between Scarborough, Top Spring International Holdings Limited, a Hong Kong-listed real estate developer in the People’s Republic of China, and Metro Holdings Limited, a Singapore-listed property development and investment group. 

 

The “Hat Box” is the second phase of Milliners Wharf in New Islington and will, on completion, provide 144, one, two, duplex and three-bedroom apartments across two contemporary new buildings adjacent to Milliners Wharf. Completion of the first apartments is anticipated to be early in 2016 when the first residents will take up occupancy of their new homes. 

 

The apartments will be light, airy, spacious, completed to a high specification and most will have a balcony or private terrace. The “Hat Box” will have excellent facilities, including a sky garden, secure parking and bicycle stores, and is ideally located close to the Metrolink and within walking distance of the centre of Manchester. New Islington offers good amenities for residents, such as schools, a nursery, a gym, shops, bars and a health care centre.

 

Nicola Wallis, Sales & Marketing Director at Scarborough, said: “The Hat Box will provide 144 fantastic new homes in the popular residential area of New Islington. Each of the apartments will have a high specification and have been designed to maximise light and space.  We are delighted to have started on site and we are looking forward to launching the apartments for sale next year.”

 

FairBriar International, the joint venture between Scarborough, Top Spring International Holdings Limited and Metro Holdings Limited is also developing Middlewood Locks, another major residential development with mixed uses located at the western gateway to Manchester city centre and centred around the former Manchester Bolton & Bury Canal. Middlewood Locks, which has a gross development value of £575 million, will provide a vibrant new neighbourhood with up to 2,000 homes along with commercial facilities, including offices, shops, delis, restaurants, a convenience store, a nursery and a gym.

 

The two developments are being delivered by Scarborough’s new Manchester office, which is now registering customers’ interest for the new homes at the “Hat Box” at www.headtohatbox.co.uk

 

Simon McCabe, Director of Scarborough, said: “We are thrilled to have started construction at the Hat Box, bringing forward a high-quality, residential scheme in one of the UK’s most vibrant, cosmopolitan and progressive cities. The new office in Manchester demonstrates our commitment to deliver our major residential and mixed use developments, in a dynamic city where there is strong demand for housing.”

 

 

 

The McCabe family’s Scarborough Group International, the UK and international real estate investor and developer, announces that construction has begun of the “Hat Box”, a residential development in New Islington, Manchester.   The “Hat Box”, which has a gross development value of £30 million, is being developed by FairBriar International, a joint venture between Scarborough, Top Spring International Holdings Limited, a Hong Kong-listed real estate developer in the People’s Republic of China, and Metro Holdings Limited, a Singapore-listed property development and investment group.    The “Hat Box” is the second phase of Milliners Wharf in New Islington and will, on completion, provide 144, one, two, duplex and three-bedroom apartments across two contemporary new buildings adjacent to Milliners Wharf. Completion of the first apartments is anticipated to be early in 2016 when the first residents will take up occupancy of their new homes.    The apartments will be light, airy, spacious, completed to a high specification and most will have a balcony or private terrace. The “Hat Box” will have excellent facilities, including a sky garden, secure parking and bicycle stores, and is ideally located close to the Metrolink and within walking distance of the centre of Manchester. New Islington offers good amenities for residents, such as schools, a nursery, a gym, shops, bars and a health care centre.   Nicola Wallis, Sales & Marketing Director at Scarborough, said: “The Hat Box will provide 144 fantastic new homes in the popular residential area of New Islington. Each of the apartments will have a high specification and have been designed to maximise light and space.  We are delighted to have started on site and we are looking forward to launching the apartments for sale next year.”   FairBriar International, the joint venture between Scarborough, Top Spring International Holdings Limited and Metro Holdings Limited is also developing Middlewood Locks, another major residential development with mixed uses located at the western gateway to Manchester city centre and centred around the former Manchester Bolton & Bury Canal. Middlewood Locks, which has a gross development value of £575 million, will provide a vibrant new neighbourhood with up to 2,000 homes along with commercial facilities, including offices, shops, delis, restaurants, a convenience store, a nursery and a gym.   The two developments are being delivered by Scarborough’s new Manchester office, which is now registering customers’ interest for the new homes at the “Hat Box” at www.headtohatbox.co.uk.    Simon McCabe, Director of Scarborough, said: “We are thrilled to have started construction at the Hat Box, bringing forward a high-quality, residential scheme in one of the UK’s most vibrant, cosmopolitan and progressive cities. The new office in Manchester demonstrates our commitment to deliver our major residential and mixed use developments, in a dynamic city where there is strong demand for housing.”      

FURTHER LETTINGS AT PRESTIGIOUS QUEEN SQUARE BRISTOL OFFICE BUILDING Posted: 7th Nov 2014

Scarborough Group International, the UK and international real estate investor and developer, announces that it has signed two new 5-year leases totalling 5,313 sq ft at King William House, a prestigious Georgian landmark building in Bristol’s Queen Square.

 

Two of the building’s existing tenants, digital agency Nomensa and Hobbs Reprographics, have taken additional space at King William House. Nomensa has signed for an additional 3,037 sq ft of office space on the third floor on an 5 year lease at a rent of £33,407 per annum. Hobbs Reprographics has taken 2,276 sq ft on a 10 year lease at a rent of £19,346 per annum.   

 

These lettings follow the recent signing of Bristol-based marketing and communications agency Proteus Creative for 2,436 sq ft of space on an a 5 year lease at a rent of £25,000 per annum earlier this month. The building is now almost fully-occupied with just over 6,000 sq ft available, with requirements ranging from 600 sq ft to 5,000 sq ft.

 

Scarborough acquired King William House in 2005 and since acquisition it has been fully refurbished creating a unique and stylish Grade A office building.

 

Simon McCabe, Managing Director of Scarborough Group International, said: “These lettings demonstrate our ability to deliver a high-quality product which is in line with our occupiers’ needs. King William House is a unique building situated in a fantastic city centre location. There is currently high demand for Grade A office space in Bristol and we hope to be completing the leasing of the remaining units shortly with one further unit already under offer.”

Scarborough Group Disposes of Admiral Building in Newport for £20 million Posted: 16th Oct 2014

Scarborough Group Disposes of Admiral Building in Newport for £20 million

Scarborough Group International, the UK and international real estate investor and developer, in partnership with Investec Bank, has completed the sale of its newly constructed 80,644 sq ft office building let to Admiral Group in Newport, Wales, for approximately £20 million, to Global net-lease REIT, W.P. Carey.

 

The office building is well situated opposite Newport’s railway station, and alongside the Western Main Line, which connects London with Newport and the rest of South Wales. The asset was developed by Scarborough and its funding partner Investec as the first phase of the ‘Station Quarter’ scheme.

 

Scarborough achieved planning consent in April 2012 for the first phase of Station Square, its redevelopment of the former Cambrian Centre. This phase comprised the 80,644 sq ft of office accommodation, designed for Admiral, and 28,000 sq ft of retail and leisure space, parking for 290 cars and a new public plaza.

 

Scarborough secured a 20-year lease with Admiral which selected the site for the expansion of its business. The construction of the Grade A office building was completed in May 2014.

 

Simon McCabe, Managing Director of Scarborough Group International, said: “The sale of the Admiral Building to W.P. Carey is a very successful outcome for the first phase of the Station Quarter development and also forms a crucial part of the on-going transformation of the centre in Newport. We have achieved our objective of creating a first class building for Admiral and for Newport. We are now focusing our efforts on advancing plans for the second phase of the redevelopment which has a bigger retail and leisure focus.”

 

Jennifer Lucas, Executive Director of W. P. Carey, commented:  “The transaction with Scarborough is consistent with our investment strategy of acquiring critical assets leased on a long-term basis to strong credit tenants and demonstrates our ability to provide liquidity to developers and owners of attractive net leased assets.  Admiral is a well-capitalised business with a long term commitment to the facility and we are delighted to add the Company to our tenant portfolio. Given the UK’s status as the second largest European economy with good growth forecasts, we are pleased to add another UK asset to our holdings.”

 

Huw Llewellyn, Head of Property and Facilities Management for Admiral Group said: “We are delighted to have secured this 20 year lease of our new office building in Newport and look forward to working with W. P. Carey as our landlord and long-term partner.”

McCabe’s Esplanade International opens its first Espuma Coffee House in Hong Kong Posted: 2nd Jul 2014

McCabe’s Esplanade International opens its first Espuma Coffee House in Hong Kong

The McCabe family’s Esplanade Group (Scarborough) International Ltd (“Esplanade”) via its long established company in the Far East – Scarborough Holdings Ltd (“SHL”) today opened its first Espuma Coffee House in the Kowloon district of Hong Kong.

Espuma is the branded name for SHL’s venture into the distribution of coffee throughout the Far East coupled with the planned expansion of Coffee Houses in Hong Kong and selected cities within the People’s Republic of China (PRC).  SHL’s subsidiary ScarNov Coffee Ltd (“ScarNov”) a joint venture with Cafè Novell (“Novell”) from Barcelona, Spain was established in 2013 and brings the experience of the Novell business founded in 1958 to source import, select, roast and distribute the very best quality coffee.  

The new Coffee Shop in Tsim Sha Tsui accommodates some 80 plus seats within a modern tastefully themed 3,000 sq ft shop area in one of Hong Kong’s most popular suburbs.  

ScarNov will open its first Espuma venue in PRC during autumn 2014 at Mission Hills, Haikou, Hainan.  The 10,000 sq ft shop over two levels is within the Lan Kwai Fong area of this futuristic development due for completion in the coming months.  A second Coffee House within the adjoining Movie Town district of Mission Hills is being considered.  

SHL’s plans are to carefully select PRC cities well known to them to develop and open in excess of 100 Espuma venues within the next five year and to eventually seek a listing for ScarNov on either the Hong Kong or Shenzhen Stock Exchange.  

ScarNov is undertaking its research and establishing contacts for its coffee distribution not only for PRC but also South Korea, Japan and other principal Asian Countries.  

Susan Tham – Chief Executive Officer of SHL said:  “We worked for more than two years in seeking a well qualified European partner who knows the coffee business inside out.  In Dolors Novell, her father, family members and colleagues we have found an ideal partner to make ScarNov a unique company here in the Far East.  Coupling Cafè Novell’s experience with that of SHL – who have been operating in Hong Kong, China and Myanmar for well over ten years – should bring expansion and success for us 2014 and beyond.”  

Dolors Novell – Chief Executive Officer of Cafè Novell said:  “Meeting and spending time with Susan Tham and other members of Scarborough and SHL both in Barcelona, Hong Kong and China since mid-2013 has created a trusted and well founded relationship which we are confident will see progress and success for both the Espuma and distribution business of ScarNov.”

McCabe’s Scarborough agrees international joint venture for £600 million residential schemes in Manchester Posted: 2nd Jul 2014

McCabe’s Scarborough agrees international joint venture for £600 million residential schemes in Manchester

The McCabe family’s Scarborough Group International ("Scarborough"), the UK and international real estate investor and developer, has secured funding for two major residential developments on the edge of Manchester from two publicly-listed Far Eastern property groups. The gross development value for the two schemes is around £600 million.

Scarborough has entered into a joint venture with Top Spring International Holdings Limited, a Hong Kong-listed real estate developer in the People’s Republic of China and Metro Holdings Limited, a Singapore-listed property development and investment group to develop Scarborough’s sites at phase II of Milliners Wharf, a canal side development in New Islington, Manchester, and Middlewood Locks, a 23.6 acre site at the western gateway of Manchester and centred around the former Manchester Bolton & Bury Canal.

Top Spring and Metro are making their first investments in the UK real estate market and will each hold 25% of the joint venture, with Scarborough retaining the 50% balance.

Phase II of Milliners Wharf, which has a gross development value of £30 million, branded "the Hat Box" will, on completion, provide 144, studio, one, two and three-bedroom luxury apartments in an eight storey building, on the Ashton Canal, having easy access to Manchester’s city centre. Construction is to commence in summer 2014 with completion expected during 2016.

Phase I of the Milliners Wharf scheme, acquired by Scarborough in 2010 and comprising 261 apartments is almost fully sold at prices between £100,000 and £250,000.

Middlewood Locks, which has a gross development value of £575 million, is planned to provide a vibrant new neighbourhood with up to 2,000 new homes along with mixed commercial uses including offices, shops, delis, restaurants, a convenience store, nursery and gym.

There will be a mix of apartments and houses available to help cater for a wide mix of occupiers from first time buyers, families to ‘empty nesters’. The homes will be designed in a way to make the most of the landscaping incorporating private and public spaces. Part of the landscaping strategy is to connect the green spaces with the canal, incorporate a woodland theme and an adventure playground to accommodate the new community.

The site already has an outline planning consent for 2.6 million sq ft of residential-led, mixed-use development, but an additional 2.6 acre section of the site acquired recently is expected to increase the gross development area, once outline planning consent has also been granted for this additional section. Over the course of 2014, Scarborough will be bringing forward its development plans to accommodate a start on site of phase 1, during the first half of 2015.

Kevin McCabe, Chairman of Scarborough, said: "I have known and worked with the Directors and management teams of Top Spring and Metro for many years through Scarborough’s extensive activities in China, and have the utmost respect for them.

"They are as excited as we are to be developing high-quality, new homes in one of the UK’s most vibrant, cosmopolitan and progressive regions. There is very strong demand for housing in the central Manchester area and, as in many parts of the UK, a shortage of supply, so we are confident that both our projects will be well received".

Mr. Chun Hong Wong, Chairman and CEO of Top Spring, commented: "We have worked extensively with Scarborough in the People's Republic of China, over the last ten years, and are pleased to be continuing our partnership with them in the UK, along with Metro, to deliver two high-quality residential developments in an area of the UK where there is a shortage of good-quality housing supply".

Lt-Gen (Retd) Winston Choo Wee Leong, Chairman of Metro Holdings, added: "These Manchester projects are Metro's first foray into the UK real estate market, and with the Manchester residential market being particularly dynamic, we are confident that this investment will be a huge success.

"We are extremely pleased to be partnering with the Scarborough Group, a long-term trusted partner of both Top Spring and Metro, and a respected and experienced developer".

SCARBOROUGH GROUP JV OPENS NEW OUTLETS IN HONG KONG AND CHINA Posted: 5th Jun 2014

SCARBOROUGH GROUP JV OPENS NEW OUTLETS IN HONG KONG AND 	CHINA

Scarborough Group International (Scarborough) announces that ScarNov Coffee Group, a joint venture company between  Scarborough and Cafés Novell, the Barcelona based coffee company, has signed leases for its two new Espuma Café branded coffee shops/restaurants in Mission Hills Haikou, Hainan in the Peoples’ Republic of China.

 

Espuma Limited was established in January 2014 to open a chain of coffee shops across Asia to cater for the growing demand for coffee from both locals and visiting foreigners. The company’s first outlet in the region is located in the busy commercial and tourist area of Tsim Sha Tsui in Hong Kong, and is due to open at the beginning of July this year. 

 

Haikou is home to the world’s second largest golf resort, with the Mission Hills Resort offering ten tournament golf courses hotels and spa apartments complemented by a new 240,000 sq m centre with shopping, entertainment, cultural and dining attractions and a movie themed centre with six professional movie studios, cinema and numerous other entertainment facilities on a 930,000 sq m site. 

 

The two new outlets in Mission Hills – one outlet is a 920 sq m and is located in the Mission Hills Lan Kwai Fong, the new retail complex and the other outlet of 531 sqm, is located in 1942 Street of Mission Hills Movie Town. The outlets will be opened in October of this year.

 

Kevin McCabe, Chairman of Scarborough commented, “These new outlets at Mission Hills in Haikou are a significant step for the expansion of Espuma café restaurants in China. Mission Hills is a great location for us with over thousands of visitors, both from the mainland and elsewhere across the Asia region, expected each year.” 

Sainsbury's gets green light; constructon to commence on new £200 million Town Centre in South Wales Posted: 29th May 2014

Sainsbury's gets green light; constructon to commence on new £200 million Town Centre in South Wales

Ben Littman, Sainsbury’s Development Manager for Wales, said: “We are delighted that our store will complement the new retail, leisure and housing to be built for the town. At our public information day in 2012, more than 95% of attendees said they wanted to see a Sainsbury’s in Talbot Green, so this is clearly popular with the local community.”  

Mark Jackson, Managing Director of Scarborough Development Group, added: “Now that Sainsbury’s is committed to opening a new store, we can push on with our proposals for phase 2 of the development. Once complete, Talbot Green’s new town centre will become an important leisure and retail destination for the surrounding area.”

Andy Richardson, Head of UK Development for Valad Europe, commented: “Securing consent for the development of a Sainsbury’s store marks a significant milestone for the first phase of the Talbot Green development programme.”

New Thorpe Park proposals win full approval Posted: 30th Sep 2013

New Thorpe Park proposals win full approval

Leeds City Council yesterday gave the go-ahead for the new mixed-use proposals for Thorpe Park, Scarborough Development Group’s business park on the M1 in east Leeds. The Council’s City Plans Panel supported the scheme last week. However, owing to last-minute objections from parties with interests in other retail assets in Leeds, it was decided that details of the planning conditions controlling Thorpe Park’s retail use would be deferred by a week to allow those objectors to make their case. The additional time was also used to refine the details of Thorpe Park’s public transport strategy.
At yesterday’s meeting the City Plans Panel voted to accept their Planning Officers’ recommendations that the retail conditions and the public transport provisions were acceptable. Scarborough Development Group’s Managing Director, Mark Jackson, said: “The City Council needs to observe the most rigorous possible process in taking any decision, especially where projects of such scale and potential are proposed, which we fully support. We were pleased to comply fully with the Council’s balanced response to the last-minute objections.
“More importantly of course, we are very pleased now to be able to focus all of our energy on delivering the new Thorpe Park, the jobs it will create, the traffic and transport benefits it brings, and the much-needed new homes that it will enable”.

For further information, please contact:
Mark Jackson
Scarborough Development Group
Tel: 020 7127 9170
mark.jackson@scarboroughgroup.com

Jeremy Carey/Faye Walters
Tavistock Communications
Tel: 020 7920 3150
jcarey@tavistock.co.uk

Scarborough obtains planning consent for £400 million Thorpe Park expansion in Leeds Posted: 23rd Sep 2013

Scarborough obtains planning consent for £400 million Thorpe Park expansion in Leeds

Scarborough Development Group (SDG), the property development division of Kevin McCabe’s Scarborough Group International, received a resolution, to grant outline planning permission yesterday from Leeds City Council for a £400 million expansion of Thorpe Park, on the M1 in east Leeds.

Responding to last minute objections from companies involved in Leeds city centre, however, the Councillors of the planning committee deferred final judgment on the detail of the retail planning condition to be attached to the planning consent until their next meeting on Thursday 26 September.

To date nearly 600,000 sq ft of business space has been built at Thorpe Park. The expansion will add up to 1.1 million sq ft of high-quality office space; a 97,000 sq ft food store; 97,000 sq ft of non-food retail; up to 175,000 sq ft of leisure space, including a hotel and sports facilities; and 45,000 sq ft of cafes, bars and restaurants. The end value of the additional space is expected to be in excess of £400 million.

The scheme also features 30 acres of parkland and green space, which will run through the scheme to link with Green Park, the new 113-acre public park to the west, which is being brought forward by SDG, in conjunction with Leeds City Council. Consent was also granted for the Manston Lane Link Road, a key piece of road infrastructure linking the north east Leeds area, and the ‘East Leeds Extension’ housing allocation, to the M1. This will have a transformational effect upon the traffic management in the area and assist the delivery of up to 6,000 houses. The development is expected to create up to 13,000 jobs, including 6,500 local employment opportunities for the Leeds city region. Mark Jackson, Managing Director of SDG, said: “This is a very important milestone for us and an important day for the economy of East Leeds. “The City Councillors have made it clear that this scheme is a once-in-a-generation opportunity for East Leeds. The scheme presented to the planning committee today is the product of working closely with the Council to achieve the right outcome for Leeds and the city region. We believe that with this new scheme Thorpe Park will offer a working environment unlike any other and contribute hugely to the economic prosperity of the area.

“This new direction for Thorpe Park will deliver benefits far beyond its boundaries, and we are pleased to be able to work with the City to achieve this.” Thorpe Park is an important business park for both Leeds and the North of England, located just six miles east of Leeds City Centre with its own dedicated access off junction 46 of the M1. Among the 60 occupiers of the existing office space are IBM, National Grid, GE Capital, Vinci, BAM and United Utilities.

For further information, please contact:
Mark Jackson
Scarborough Development Group
Tel: 020 7127 9170
mark.jackson@scarboroughgroup.com

Jeremy Carey/Faye Walters
Tavistock Communications
Tel: 020 7920 3150
jcarey@tavistock.co.uk

Significant cash injection for Sheffield United FC Posted: 3rd Sep 2013

Significant cash injection for Sheffield United FC

Sheffield United Football Club announces today that HRH Prince Abdullah bin Mosaad bin Abdulaziz Al Saud has become joint owner of the Club. Prince Abdullah has secured a 50% interest in Blades Leisure Ltd, the holding company for Sheffield United FC, in return for which he will invest substantial new capital into the club with the aim of working with current owner Kevin McCabe and his family to achieve the Blades' return to the Premier League as quickly as possible. The Prince becomes Co-Chairman with Kevin McCabe of Blades Leisure and Sheffield United.
Prince Abdullah, aged 47, is a grandson of the founder of the Kingdom of Saudi Arabia, King Abdulaziz. He is a passionate football supporter and is former President of Al Hilal FC, the largest and most successful club in Saudi Arabia. He is also Chairman of Saudi Arabia's Football Privatisation Committee. Prince Abdullah is a prominent Saudi businessman and industrialist. He is the founder and Chairman of the publicly-listed Saudi Paper Manufacturing Group, the largest paper tissue manufacturer in the Middle East. He is active in other fields in the services and investments sectors in Saudi Arabia, and internationally. He travels extensively and works with other prominent businessmen from around the world to promote trade, goodwill and understanding through sport between Saudi Arabia and other countries.
Prince Abdullah said: "I am delighted to invest in such a sensibly-organised, family and community club with a great history and heritage. Joining Sheffield United FC at a time close to its 125th year in existence is significant to me and, like Kevin, I am determined to see it achieve its goals and look forward to working with the whole Blades community. However, money will be spent judiciously, and in any case we must comply with the Salary Cost Management Protocol."
Kevin McCabe said: "We are thrilled to be building this new partnership for Sheffield United with Prince Abdullah, who shares our vision for the Blades to join the top tier of English football. The McCabe family remains wholly committed and over the past 10 years has invested more than £90 million in rebuilding our fine and proud Club, which now has a top-class stadium, academy and junior development centre."
The boards will also see new directors in Abdulraham Bin Abdullah (the Prince's son), James Phipps (the Prince's principal advisor) and Selahattin Baki (a highly regarded Turkish businessman and General Manager of Premier Paper Converting Company, which manufactures consumer tissue paper products in Izmit, Turkey). London and Dubai-based specialist consulting firm Forticap acted as the sole arranger for the transaction.

£15m proposals revealed for Brighton Road industrial estate Posted: 3rd Sep 2013

£15m proposals revealed for Brighton Road industrial estate

A car show room, petrol station, self-storage unit, supermarket and a drive-through restaurant are proposed to transform the site into an 11 acre retail park.

The medium-sized supermarket would have a shop floor of 25,000 sq. ft. and create around one hundred full and part time jobs.

The scheme would also see improvements made to the highway, and landscaping works carried out along the border of the site to enhance the view for local residents.

The local community and businesses are encouraged to come and see the plans at two public exhibitions which are being held at St Martin’s Church on Didsbury Road on Wednesday 11th September from 3-7pm and Thursday 12th September from 10am-2pm.

Scarborough’s development director, Lee Savage said: “We’d like to transform this run-down site into an attractive new retail park which will have significant economic benefits for the area.

“A number of the existing buildings are dilapidated beyond repair but this plan offers the opportunity to fully utilise the site again and create employment opportunities for local people at the same time.”

Following the consultation period Scarborough Development Group will submit an outline planning application later this year.

Pre-let opportunity at Buchanan Gate Posted: 29th May 2013

Pre-let opportunity at Buchanan Gate

Buchanan Gate, which is soon to play host to the new 68,900 sq ft Scottish Water National Operations Centre, is situated adjacent to Junction 3 on the M80, a short ten minute drive from Glasgow city centre.

Set to be built and designed to the highest specifications, the HQ building, owned by Scarborough Group International, will span 40,000 sq ft over four levels. Designed for occupation as a headquarters or by multiple occupiers, the office building will boast an impressive reception area, excellent car parking provision, shower and cycle storage facilities and floor to ceiling windows. With 10,000 sq ft open plan floor plates, sub-divisible from 3,000 sq ft, the HQ building will offer highly flexible business space.

On completion, the building is set to achieve a minimum BREEAM rating of ‘Very Good’ with an Energy Performance Rating of B.

David Rolwegan, associate director at CBRE, said: “The Buchanan Gate Business Park is a prime development with some impressive existing occupiers including Barratt Homes, BAM, Premier Inn and Scottish Water, which is due to come on site over the next few months.

“The HQ building opportunity offers a highly prominent location within the Park which benefits from the fantastic transport links afforded by the M80, nearby Stepps railway station and bus connections.

“I’m confident this building will be of great interest to many businesses looking for a centralised, well connected hub in Scotland.”

William McAlister from Scarborough Group added: “Buchanan Gate Business Park is a thriving area with excellent access to Scotland’s entire central belt. It will be the ideal location for the HQ building, which is set to offer the highest quality of office accommodation.”

CBRE and Montagu Evans are the joint letting agents for the HQ building at Buchanan Gate Business Park.

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